Property photos
Guide price
£99,000
(£18.32/sq. ft)
Retail premises for sale
Collingwood Street, Coundon, Bishop Auckland DL145,403 sq. ft
Local area information
Property location
Nearby amenities
- Victoria Lane Academy 0.2 miles
- St Joseph's Roman Catholic Voluntary Aided Primary School, Coundon 0.2 miles
- Bishop Auckland 1.9 miles
- Shildon 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Former warehouse premises
- NIA 502sqm (5,403sqft)
- Pully/lift system for heavy goods
- Commercial renovation project
- Development opportunity (STPP)
- Freehold title
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
Development Opportunity in need of complete renovation.
This large commercial building provides approximately 502sqm (5,403sqft) with shop frontage, office space and accessible secure storage space.
The shop frontage lies to the righthand side of the building, with shutters concealing the store room behind for re-stocking. The main office lies to the left hand side of the hallway with a bay window overlooking the main street. The first floor comprises of store rooms, offices, W.C. Facilities, and a rear store room. There is also a rear staircase which has a pully/lift system for moving heavy goods. Further extensive warehouse space lies to the rear of the property, with roller shutter doors providing vehicle access points to covered rear loading bays. A wide passage connects the space with the two storey chapel conversion. A lift designed to transfer racks between the ground and first floor is found in the centre of the converted chapel. Its first floor can also be accessed via two staircases.
This is an extensive commercial space suitable for a variety of uses subject to the necessary planning consents.
Location
The property fronts Collingwood Street in Coundon centre amongst a mixed residential and commercial area, next to the Eden Centre gp Surgery and neighbouring pharmacy. It is only a 6 minute drive from Bishop Auckland town centre and also has transport links within walking distance to here as well as Durham and Darlington.
Tenure
Freehold. Title number DU303189.
Rateable Value
The adopted rateable value is 4,000 as of the1st April 2023. Sourced from voa.
EPC
Rating E. Available upon request.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
*For sale via secure sale online bidding: Terms and conditions apply.*
Development Opportunity in need of complete renovation.
This large commercial building provides approximately 502sqm (5,403sqft) with shop frontage, office space and accessible secure storage space.
The shop frontage lies to the righthand side of the building, with shutters concealing the store room behind for re-stocking. The main office lies to the left hand side of the hallway with a bay window overlooking the main street. The first floor comprises of store rooms, offices, W.C. Facilities, and a rear store room. There is also a rear staircase which has a pully/lift system for moving heavy goods. Further extensive warehouse space lies to the rear of the property, with roller shutter doors providing vehicle access points to covered rear loading bays. A wide passage connects the space with the two storey chapel conversion. A lift designed to transfer racks between the ground and first floor is found in the centre of the converted chapel. Its first floor can also be accessed via two staircases.
This is an extensive commercial space suitable for a variety of uses subject to the necessary planning consents.
Location
The property fronts Collingwood Street in Coundon centre amongst a mixed residential and commercial area, next to the Eden Centre gp Surgery and neighbouring pharmacy. It is only a 6 minute drive from Bishop Auckland town centre and also has transport links within walking distance to here as well as Durham and Darlington.
Tenure
Freehold. Title number DU303189.
Rateable Value
The adopted rateable value is 4,000 as of the1st April 2023. Sourced from voa.
EPC
Rating E. Available upon request.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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